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How to make money from YouTube in 2023: 3 proven ways that works

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How to make money from YouTube in 2023

YouTube is popularly known as a social video application where you can find how-to videos, watch music videos or waste time. However, YouTube can be a major source of income for you. For those who work full-time, making money on YouTube is a very good side gig, especially if you produce engaging content that attracts a large audience. Some people like parody creators actually have it as their main source of income.

Making money may not be the reason for starting a YouTube channel, but the earning opportunities are a pleasant surprise once you realize how many there are. Prudent Joshua  

Create a YouTube account

Before you can start making money on YouTube, you need a YouTube account. Since YouTube is a Google company, it requires a Google or Gmail email to sign up. Once registration is complete and your YouTube account is active, it's time to populate your account, also known as your channel, with content.

Start making videos and spreading the word

After opening an account, you need to build an audience and get views, YouTube content creators need to consistently develop content that viewers enjoy watching. Therefore, the next step is to create videos. There is no one-size-fits-all model for what works and what doesn't work on YouTube. Popular content includes professionally produced music videos and impromptu family videos recorded with a smartphone.

Just have your content and find an audience that will resonate with your content. Make sure you configure your videos with SEO because YouTube is the second largest search engine in the world and good search engine optimization (SEO) can help you.

Share your video on social networks, blogs, forums, message boards and anywhere else you can online. You can embed your video on other sites or link to it so viewers can watch it on YouTube.

This does not mean that you will automatically start making money on YouTube, you need to follow some procedures that also serve as effective ways to start making money from YouTube.

Reach 1,000 subscribers and sign up for the YouTube Partner Program
The biggest barrier to entry into the YouTube Partner Program is exceeding the 1,000 subscriber mark. Once you do this, the path to earning advertising revenue will open up.

Before you can become a partner, you must meet a few additional requirements:

  • Your videos must meet the site's advertising policies and have more than 4,000 valid public watch hours in the last 12 months.

  • You must live in an eligible area – luckily, Nigeria is one of the eligible areas.

  • You must link your Google AdSense account.

Once you meet the requirements, you can login by clicking on your profile and going to the "monetization" section.

Subscribers don't play a role in how much you earn on YouTube - this means that a channel with 1,000 subscribers that gets 1 million views on each of their videos makes more money than a channel that has 1 million subscribers but only gets 10,000 views. videos.

How many YouTube views do you need to make money?

You don't get paid for watching the video. Rather, you get paid when someone watches your video or clicks on an ad displayed in your video.

According to various sources, YouTubers can earn $0.01 to $0.03 per view with AdSense. That's an average of $0.18 per view, which translates to $18 per 1,000 ad views, which works out to $3 to $5 per 1,000 video views.

So when do you start making money on YouTube?

You will be paid once your balance reaches $100. Let's say you need about 1,000 video views to earn $4 from viewers who saw your ads. You would need 25,000 video views to earn $100 through these ads.

If you have a small channel, you may only get paid every few months. You'll also want to know how Google, which issues AdSense payments, handles taxes.

Sponsored content through brand offers

Brands often look for influencers to promote their products and services. Due to the huge number of users that YouTube attracts, its platform is great for advertising. Companies interested in your channel's audience may sponsor your videos or offer you product placement offers in exchange for endorsements. As your channel grows, you can directly contact brands you'd like to work with, or use resources like affiliate marketing sites to find corporate partners to complement your content style.

The operative word here is "audience", which means that these types of deals are more likely to happen when you build up a large following (viewers).

With branded offers, you can receive one-time payments, earn commissions based on sales, or get a free product or service.

Always remember: If you have endorsements or product placement in your video, you must notify YouTube by checking the box in the advanced settings tab in the video manager to indicate that your video contains paid promotion.

Create and sell your own product or merchandise

If you have a product or offer a service that is relevant to your audience, let them know about it and provide links in your videos. The link should direct your buyers to a landing page or website where they can easily shop. Before you advertise your item, make sure you have a secure payment system in place.

If your product is music, you can make a lot of money without being one of the top rated artists in the country.

How do you make money with music on YouTube?

To earn money on YouTube, account holders who upload or stream their music must become members of the YouTube Partner Program. Once accepted, revenue is generated from views, subscriptions, and ads. Musicians can also earn money when others upload their music to YouTube. YouTube assigns a unique identifier that identifies an artist's original work each time it is uploaded by others. Music that is not copyrighted by the account owner cannot be monetized.


Making money on YouTube takes hard work!

YouTube offers opportunities for people to make money, but it is not a get-rich-quick platform. However, through quality and engaging content, time and consistent effort, one can achieve their set goal. As long as you can find ways to reach the 1000 subscriber mark, you can start enjoying making money.

You earn on views, not subscriptions

Remember for your video channel that the amount YouTube will pay depends on a number of factors such as:

• Number of views of your video

• Number of clicks on the ad

• Advertising quality

• Ad blocking

• Video length

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